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A Russian cargo ship that suffered a series of mysterious explosions before sinking off the southeastern coast of Spain 17 months ago may be carrying nuclear underwater reactors destined for North Korea, according to reports. The Ursa Major, a 142-metre-long Russian-flagged ship owned by state company Oboronlogistics, was allegedly sailing from St Petersburg to Vladivostok in Russia’s far east when …

The National Drug Law Enforcement Agency (NDLEA) has intercepted a large consignment of Canadian Loud, a form of high-strength marijuana, weighing 4,173.5 kilograms at Tincan Island Harbor in Lagos. The consignment has a street value of N10.4 billion. NDLEA Director of Media and Advocacy, Femi Babafemi, disclosed this in a statement on Wednesday in Abuja. He said the success of …

Police on Wednesday arraigned seven suspects at the Kano District Court in Nomansland for allegedly attacking traders at the Central Agricultural Market in the state. The suspects attacked the entourage of a prominent politician, AA Zaura, in the April 28 attack. Police officers arrested five suspects in the incident. Spokesman of the state police command, Abdullahi Haruna-Kiyawa, who disclosed this …

The Kwara State chapter of the Nigerian Labor Congress (NLC) has entered the crisis currently by launching the Lower Niger River Basin Development Authority (LNRBDA) in Ilorin and its members operating under the aegis of the Nigerian Union of Agricultural and Allied Employees (NUAAE). The LNRBDA, a parastatal organization of the Federal Ministry of Water Resources, is responsible for dam …

The Economic and Financial Crimes Commission has arrested the Director General of the Nigerian Energy Commission, Mustapha Abdullahi, on charges of money laundering, Blow report. A source at the EFCC confirmed the news to journalists on Wednesday. He said Abdullahi was arrested in Abuja and is currently in the custody of the commission for questioning over alleged N500 billion fraud. …

Investors in the Nigerian equity market earned N440 billion at the close of trading on Wednesday. This follows a surge in the prices of shares such as Livestock Feeds, Daar Communications and CWG, among others, on the stock exchange floor. The benchmark All-Share Index (ASI) index increased to 252,508.19 points from 252,411.67 points the previous day. After five hours of …

The National Chairman of the People’s Redemption Party, Hakeem Baba-Ahmed, has explained why former Labor Party presidential candidate Peter Obi and former New Nigeria People’s Party presidential candidate Rabiu Kwankwaso ultimately did not join the party ahead of the 2027 general elections. Speaking during a political program aired on DITV Kaduna on Tuesday, Baba-Ahmed said discussions between the PRP and …

Nigeria’s currency, the naira halted days of depreciation against the United States dollar at the official window on Wednesday. Officially, Central Bank of Nigeria (CBN) foreign exchange data shows that the naira closed at N1,370.56/$1, compared with N1,375.62/$1 on Tuesday. This represents a gain of N5.06 for the local currency against the dollar. On the black market, the naira lost …

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The Association of Senior Civil Servants of Nigeria (ASCSN), LNRBDA unit, has distanced itself from the violent picketing carried out by the National Union of Agricultural and Allied Employees (NUAE) in collaboration with the Nigeria Labor Congress (NLC) on Monday at the headquarters of the Lower Niger River Basin Development Authority (LNRBDA), Ilorin. The union said it had not been …